Christie’s $1.1 Billion Night Signals a Stunning Rebound for the Art Market

Christie’s achieved $1.1 billion in sales during a single evening auction on Monday, marking a dramatic rebound from the previous year when the three major New York auction houses combined sold that amount over the entire May season. The sale featured trophy works from the collections of S.I. Newhouse and Agnes Gund, with Jackson Pollock’s *Number 7A (1948)* selling for $181.2 million and Mark Rothko’s *No. 15 (Two Greens and Red Stripe)* fetching $98.4 million. Despite the strong overall results, seven of the 16 works in the Newhouse sale hammered below their low estimates, and Constantin Brancusi’s *Danaïde* failed to reach its $100 million estimate, indicating price resistance even for top-tier art.

The 20 Most Expensive Artworks Hitting the Auction Block This Season

The May 2026 New York auctions at Christie’s, Sotheby’s, and Phillips will feature 20 high-value lots priced at $30 million or more, including works by Andy Warhol, Jasper Johns, Pablo Picasso, Piet Mondrian, Jackson Pollock, Willem de Kooning, Cy Twombly, Gerhard Richter, and others. The sales are staggered around the Venice Biennale and Frieze New York, with Sotheby’s holding its contemporary evening auction on May 14 and Christie’s its 20th-century sale on May 18. Notable consignments come from the estates of S.I. Newhouse, former MoMA board president Agnes Gund, and dealer Marian Goodman.

Maurizio Cattelan Opens Up About Sin, Silence, and Stealing: ‘I’m Guilty Too’

Italian artist Maurizio Cattelan directed the Renaissance Society’s annual benefit gala, titled "The Silent Party!", held at the Chicago Athletic Club during the week of Expo Chicago. The event subverted traditional gala expectations by requiring guests to remain silent for two hours, communicating only via handwritten notes while navigating a labyrinth of performances. The evening featured contributions from artists including Jacob Ryan Renolds, Davide Balula, and Isabelle Frances McGuire, culminating in a dinner that raised approximately $600,000 for the non-profit institution.

gagosian jasper johns crosshatch survey 2026

Gagosian Gallery, in collaboration with Castelli Gallery, will present a landmark survey of Jasper Johns's crosshatched paintings at its 980 Madison Avenue flagship from January 22 to March 14, 2026. The exhibition marks the 50th anniversary of the series' debut in 1976 and includes rarely seen works from 1973 to 1983, lent by major museums such as the Art Institute of Chicago, the National Gallery of Art, the Museum of Modern Art, the Philadelphia Museum of Art, the Broad, and the Virginia Museum of Fine Arts, as well as from Johns's personal collection. Key works include pieces from the "Corpse and Mirror" series, "Weeping Women" (1975), "Dancers on a Plane" (1980–81), and all six "Between the Clock and the Bed" paintings (1981–83).

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New York's spring auction season concluded with a dramatic five-day marathon across Sotheby's, Christie's, and Phillips, generating a combined $2.2 billion. Sotheby's led with $1.17 billion in total sales, fueled by Gustav Klimt's *Portrait of Elisabeth Lederer* (1914–16) from the estate of Leonard A. Lauder, which sold for $234.6 million—a single work accounting for 20% of Sotheby's total. Christie's followed with $962.6 million, and Phillips added $92.1 million. Notable highlights included Frida Kahlo's *El sueño (La cama)* (1940) achieving $54.7 million, a new record for the artist and the highest price for a female artist at auction in raw dollars, and a triceratops fossil named Cera selling for $5.4 million at Phillips.

simon de pury art market confidence

The article reports on the upcoming Art Basel in Miami Beach and the improved mood in the art market, driven by strong auction results. Sotheby's emerged as the clear winner over Christie's in the fall 2024 auctions, achieving over $2.2 billion in total sales across Sotheby's, Christie's, and Phillips. Key consignments included the Leonard Lauder Collection, featuring a record-making Klimt, a Frida Kahlo that became the highest-selling work by a woman artist, and Maurizio Cattelan's golden toilet. The article credits Sotheby's move into the Breuer building—formerly home to the Whitney, the Met, and the Frick—for enhancing the presentation and aura of the previews.

8 standout art books to gift and keep this season

The article highlights eight standout art books recommended for gifting this season, covering a range of topics from architectural deep dives and contemporary art to fashion histories and experimental catalogs. Featured titles include "All of Us Stars: Bobby Busnach," a photo book capturing the gritty glamour of 1970s Upper West Side nightlife, and "Christopher Wool: See Stop Run," an exhibition catalog documenting Wool's unconventional 2024 show in a Manhattan office tower. Other books span monographs, boundary-pushing catalogs, and fashion histories, each offering unique perspectives on visual culture.

joel shapiro icons 2025

Joel Shapiro, the acclaimed American sculptor known for his abstract wooden and bronze figures, died June 14 at age 83. In the weeks before his death, he gave a career-spanning interview to Max Norman for ARTnews, reflecting on his legacy. The article describes Shapiro's final New York show at Pace Gallery in fall 2024, which featured large works like "Splay" (2024), "Wave" (2024), and his largest wooden sculpture "ARK" (2020/2023–24), alongside small models and bronzes. It also offers a glimpse into his Long Island City studio, where he constantly experimented with form, material, and scale.

kerry james marshall royal academy exhibition new paintings

Kerry James Marshall, a leading American painter, has debuted a new series of paintings as part of his survey exhibition at the Royal Academy of Arts in London. The works, featured in a section titled “Africa Revisited,” examine the involvement of Africans in the transatlantic slave trade, a topic Marshall says is often ignored because it complicates simplistic narratives of good versus evil. One painting, *Abduction of Olaudah and His Sister* (2023), depicts the kidnapping of 18th-century writer Olaudah Equiano, while three others—*Outbound*, *Haul*, and *Cove* (all 2025)—show Black figures actively participating in the slave trade. Marshall’s earlier Middle Passage works from the 1990s are also on view.

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Frieze Los Angeles launched with significant early momentum as Endeavor CEO Ari Emanuel acquired three quilts by artist Yvonne Wells from Fort Gansevoort before VIP hours officially began. The fair's opening day saw robust activity, including the $3.7 million sale of an Ed Ruscha painting, while major galleries like Pace Prints and Opera Gallery announced strategic expansions into Los Angeles and Houston respectively.

top artists auction 2025

The article reports that the top tier of the art auction market rebounded strongly in 2025, with the ten most expensive lots totaling $757.1 million, a 48% increase from 2024. Gustav Klimt became the top-selling artist, driven by the sale of his *Portrait of Elisabeth Lederer* (1914–16) from the collection of the late Leonard Lauder, which was the most expensive artwork of the year. The rankings saw significant shifts: René Magritte, the top artist in 2024, fell to sixth place, while blue-chip names like Pablo Picasso, Andy Warhol, and Jean-Michel Basquiat strengthened their positions. Notably, no women or living artists appeared among the top 20 sellers in 2025, a reversal from the previous year when Yayoi Kusama and Joan Mitchell were present.

jack hanley gallery scene

Jack Hanley, a beloved and idiosyncratic New York gallerist, announced he would close his gallery after 37 years in business. In a conversation with Artnet News co-host Kate Brown, Hanley reflects on his career as a disruptor who followed instinct over market logic, giving early shows to now-iconic artists like Günther Förg, Christopher Wool, Sophie Calle, and Christian Marclay, and even hosting Beeple's first gallery show. Hanley, a former Grateful Dead roadie and avid orchid grower, also founded an art fair and ran galleries in multiple cities.

maurizio cattelan america gold toilet auction

Maurizio Cattelan's 18-karat gold toilet sculpture, *America* (2016), sold at Sotheby's New York for $12.1 million to Ripley's Believe It or Not!, the entertainment franchise known for oddities. The work, consigned by hedge-fund manager Steve Cohen, was auctioned from the Breuer Building and drew long viewing lines. Despite a playful bidding process led by auctioneer Phyllis Kao, the final price fell short of Cattelan's auction record of $17.2 million set by *Him* (2001) at Christie's in 2016.

Harmony Korine Makes Sense of His Shape-Shifting Art: ‘It’s Really One Whole Work’

Harmony Korine's first-ever U.S. retrospective, titled "Perfect Nonsense," has opened at the Institute of Contemporary Art, Miami. The exhibition gathers over 50 pieces spanning his career, including adolescent writings, zines, collages from the 1990s, figurative paintings, and recent works using game engines. Korine, known for transgressive films like *Gummo* (1997) and *Spring Breakers* (2012), also founded EDGLRD, a studio producing experimental content with cutting-edge tech, such as his 2023 project *AGGRO DR1FT*, which premiered at the Venice International Film Festival.

Duchamp in New York

The Museum of Modern Art (MoMA) has launched a major solo exhibition dedicated to Marcel Duchamp, marking the artist's first comprehensive survey in New York City in over 50 years. The exhibition explores Duchamp’s revolutionary impact on modern art, featuring iconic works and archival materials that trace his history from the 1913 Armory Show to his later years in New York. The opening is complemented by a broader "Duchamp spring" in the city, including a forthcoming exhibition of his readymades at Gagosian.

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Guest columnist John Chiaverina reports from the opening of the 2026 Whitney Biennial, capturing the shifting moods of the New York art scene. Through interviews with participating artists like Maddie Biven of the collective kekahi wahi and veteran performer Pat Oleszko, the piece explores a tension between the desire for exuberant, risk-taking aesthetics and a perceived lack of political urgency among younger generations.

Nan Goldin: Why The Ballad of Sexual Dependency is So Important

nan goldin the ballad of sexual dependency why so important

Gagosian London is hosting an exhibition of all 126 photographs from Nan Goldin’s seminal work, "The Ballad of Sexual Dependency," to mark the 40th anniversary of the photobook's publication. The exhibition traces the evolution of the project from its origins as a DIY slideshow performance in New York nightclubs to its status as a cornerstone of contemporary photography, featuring intimate portraits of Goldin’s inner circle across New York, Berlin, and beyond.

art installations that could double as haunted houses

Artnet News lists 10 immersive installation artworks that are creepy enough to double as haunted houses for Halloween. Featured works include Alex Da Corte's "Die Hexe" (2015) at Luxembourg & Dayan, which transformed a townhouse into a ghostly dollhouse with a morgue; Mike Kelley's "Exploded Fortress of Solitude" (2011) at Hauser & Wirth, a sculptural interpretation of Superman's lair; Jonah Freeman and Justin Lowe's "Scenario in the Shade" at Red Bull Studios, a dystopian arts festival installation; Tobias Rehberger's "Bar Oppenheimer" (2013) at Hotel Americano, featuring disorienting dazzle camouflage patterns; and Puppies Puppies' "Gollum" at Queer Thoughts, where an actor in a Gollum mask performs live.

fog design art fair san francisco sales 2026 jack whitten

The FOG Design+Art fair in San Francisco opened with a glitzy preview gala at Fort Mason Center, serving as a fundraiser for SFMOMA's education initiatives. VIP tickets started at $10,000 for the first hour, and by 7 p.m., the event filled to capacity as prices dropped to $250. Dealers reported a different energy this year, partly due to the recent Los Angeles wildfires affecting many participating galleries. Sales were strong, with New York dealer Ales Ortuzar selling multiple works by Suzanne Jackson in the first few hours. Local collector Sonya Yu, a recent ARTnews Top 200 listee, highlighted the resilience and sophistication of the Bay Area art community.

the clock christian marclay

Artist Christian Marclay is interviewed at Berlin's Neue Nationalgalerie ahead of his exhibition "The Clock," a 24-hour single-channel video installation that runs through January 25, 2026. The artwork is a meticulously edited collage of film clips, each showing a timepiece or time-related action, synchronized in real-time so that the film's time matches the viewer's actual time. Marclay discusses his long-standing interest in time, the project's origins in the early 2000s, and his process of deconstructing and linking found footage, emphasizing the crucial role of sound in smoothing transitions.

nada miami 2025 strong early sales

NADA Miami 2025 opened at Ice Palace Studios with strong early sales and a buoyant mood, as crowds streamed through the aisles on Tuesday morning. Dealers reported brisk business, with Polina Berlin selling multiple works by artists including Tamo Jugeli, Parmen Daushvili, and Casey Bolding, while Charles Moffett sold ten paintings by Kenny Rivero. The fair, hosting around 140 exhibitors, saw participation from galleries like Deanna Evans Projects, Alice Amati, and Gladwell Projects, with many dealers expressing relief and confidence after a multi-year contraction in the art market.

art basel hong kong 2026 exhibitor list announced

Art Basel Hong Kong has announced its exhibitor list for the 2026 edition, featuring 240 galleries from 42 countries and territories, roughly the same size as last year's 242 galleries. The fair runs March 27–29 at the Hong Kong Convention and Exhibition Centre, with preview days on March 25–26. New additions include 32 first-time exhibitors from Australia, Japan, Turkey, France, Germany, and the US, while 33 galleries from the previous edition are absent—some due to closures (Blum, Clearing, Kasmin) or acquisitions (Millan bought by Almeida & Dale). A new sector called Echoes will showcase works created in the last five years, and the Encounters sector will be curated by a team led by Mami Kataoka. Media artist Ellen Pau will oversee the film program for the first time, and Shahzia Sikander has been commissioned to create a public artwork for the M+ Museum facade.

frieze london 2025 big galleries report strong sales afternoon

Frieze London 2025 opened with strong VIP preview sales, as major galleries reported brisk business by early afternoon. Thaddaeus Ropac sold a Robert Rauschenberg work for $850,000 and a Tony Cragg sculpture for $420,000, while Hauser & Wirth moved multiple pieces including a George Rouy for £275,000 and an Ellen Gallagher for $950,000. Gagosian sold a new Lauren Halsey sculpture before noon, and White Cube reported six sales. The fair's layout, which places mega-galleries at the back to encourage foot traffic to smaller booths, returned by popular demand.

jordan wolfson little room

Jordan Wolfson's latest virtual reality artwork, *Little Room* (2025), debuted at the Fondation Beyeler in Basel during Art Basel. The piece requires participants to undergo a full-body scan using 96 cameras, creating a detailed 3D model that is uploaded into a VR environment. Once inside, pairs of participants find they have swapped bodies, experiencing a disorienting and intimate encounter where they watch their own body being controlled by another person. The work involves a lengthy, ritualistic queue and a twelve-minute VR session that explores themes of identity, voyeurism, and technological mediation.

jordan wolfson little rooms basel fondation beyeler review

Jordan Wolfson's new virtual reality artwork "Little Room" at the Fondation Beyeler in Basel, Switzerland, immerses participants in a multi-stage experience that begins with a full-body scan and proceeds to a VR encounter designed to be "morally and emotionally challenging." The piece combines elements from Wolfson's earlier puppet-based works with his notorious VR piece "Real Violence" (2017), which sparked controversy at the Whitney Biennial for depicting a brutal beating. Participants are paired, scanned, and guided through the experience by assistants, with early reactions suggesting the work provokes strong emotional responses.

katharina grosse messeplatz art basel interview

German artist Katharina Grosse, known for her immersive spray-painted installations, will create a monumental painting titled "CHOIR" across the entire Messeplatz in Basel during Art Basel. The project, curated by Natalia Graboska, involves spray-painting the 53,800-square-foot pedestrian precinct in shades of magenta, marking the first time a painter has been commissioned to take over the entire square. In an interview with ARTnews, Grosse discusses her evolution from early experiments with spray guns in Marseille to key works like "Untitled" (1998) at Kunsthalle Bern and "The Bedroom" (2004), and her upcoming 2026 show at the Munch Museum in Oslo.

james francos terrible nude paintings of seth rogen get gallery show updated

James Franco has created a series of nude paintings of his friend and fellow actor Seth Rogen, based on a 2011 book of fan art by Christopher Schulz. The works, rendered in acrylic over graphite illustrations, include sexually provocative phrases and are slated for exhibition at OHWOW gallery in Los Angeles, despite earlier confusion about a show at Pace Gallery. The paintings have drawn criticism online for alleged homophobia and plagiarism, adding to Franco's recent legal troubles.

diane arbus haunting new retrospective

The largest-ever exhibition of Diane Arbus's work, titled "Constellation," opens today at the Park Avenue Armory in New York City. Featuring over 450 prints—many previously unpublished—the immersive show debuted at LUMA Arles in 2023 and arrives in the U.S. with its original labyrinthine format. Curated by Matthieu Humery, the exhibition presents Arbus's iconic photographs of marginalized figures, celebrities, and everyday people without chronological or narrative order, emphasizing her equalizing gaze. The prints come from the collection of Maja Hoffmann, who acquired the complete set of printer's proofs from Neil Selkirk, the only person authorized by the Diane Arbus Estate to print from her negatives.

how to curate a life lessons from 3 art world tastemakers

At TEFAF 2025 in New York, held at the Park Avenue Armory, a panel titled "Thrill of the Chase" brought together three cultural tastemakers: gallerist Jeanne Greenberg Rohatyn, designer Adam Charlap Hyman, and curator Alexandra Cunningham Cameron. Moderated by Artnet's William Van Meter, the discussion explored what makes an object irresistible—whether beauty, rarity, mystery, or narrative—and how these figures curate their lives and work across art, design, and interiors.

Contemporary Art Market Declines For Fourth Straight Year, as Old Masters and Impressionist Works Rebound: Art Basel UBS Report

Contemporary Art Market Declines For Fourth Straight Year, as Old Masters and Impressionist Works Rebound: Art Basel UBS Report

The contemporary art market has declined for the fourth consecutive year, with auction sales for postwar and contemporary works falling to $4.5 billion in 2025 from a peak of $8.5 billion in 2021. Simultaneously, the market has seen a significant rebound in more established categories, with auction sales of Impressionist and Post-Impressionist works rising 47% and Old Masters climbing 30% last year.